Business Euro account

[Stephanie Plum]

Hi folks

I have a new client who wants to pay me in euros. Rather than take a hit from the bank each time I’m thinking to open a Euro account. Does anyone do this and can recommend anyone?

Lloyd’s seem to want to charge a lot and take me back to the dark ages with paper statements and phone banking only. Unless I apply for commercial banking and pay even more, I can’t do anything online they say. Seems bonkers to me but maybe this is how everyone does it?

Any advice appreciated.

[Marcellus]

I’ve got one with HSBC, all usual on line banking and not stupidly expensive.

They do have two different on line systems HSBCNet is the more useful one but costs more.

[jammy-git]

I think Transfer Wise offer such a service now.

[ATM]

Revolut card is good for multiple currencies and they charge nothing to convert and their rates are as good as you can get anywhere. They also do business cards / accounts.

[gregf40mark2]

Definitely Revolut. Easy to set up and a doddle to use. There is a reason it's the highest rated finance app on Google Play (4.9/5).

[Stephanie Plum]

Thanks chaps. I think TransferWise is going to be best for me. I can’t see a downside.

[shopper150]

Revolut is awesome